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FOEBJX

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Analysis and statistics

  • Open
    855.0804$
  • Previous Close
    855.0804$
  • 52 Week Change
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  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

FOEBJX.US is the ticker symbol for the Fidelity ESG Balanced Bond Index Fund. This fund seeks to track the performance of a broad investment-grade US bond market index, while also overweighting securities with favorable environmental, social, and governance (ESG) ratings and underweighting those with unfavorable ratings. Essentially, it aims to provide a similar return profile to a traditional bond index fund but with a greater emphasis on sustainable investing principles. Investors looking for fixed income exposure with an ESG focus may find this fund appealing.

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Factors

Economy: A stronger economy usually means higher returns, while a weaker economy can lower returns.

Interest Rates: Higher interest rates can make bonds less attractive, lowering prices; lower rates often increase bond prices.

Inflation: Rising inflation erodes bond values, pushing prices down; falling inflation can boost prices.

Credit Risk: Changes in the perceived creditworthiness of bond issuers impact price; higher risk, lower price.

Fund Management: The fund manager's skill and strategy affect performance, influencing investor demand and price.

Market Sentiment: Overall investor attitude (bullish or bearish) toward bonds affects demand and price.

Fund Size: A very large fund might struggle to find suitable investments, potentially affecting returns and price.

Expense Ratio: Higher fees can detract from returns, making the fund less attractive compared to others.

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